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INDY Committee Meeting

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MINUTES OF PROCEEDINGS

(Meeting No. 41)

Thursday, May 7, 1998

The Standing Committee on Industry met in a televised meeting at 9:04 o’clock a.m., this day, in Room 253-D of the Centre Block, the Chair, Susan Whelan, presiding.

Members of the Committee present: Eugène Bellemare, Bonnie Brown, Antoine Dubé, Tony Ianno, Marlene Jennings, Jim Jones, Francine Lalonde, Walt Lastewka, Janko Peric, Werner Schmidt, Alex Shepherd and Susan Whelan.

Acting Members present: John Solomon for Chris Axworthy and Ovid Jackson for Ian Murray.

In attendance: From the Research Branch of the Library of Parliament: : Antony Jackson and Nathalie Pothier, Research Officers.

Witnesses: From the Canadian Bankers’ Association: Kelly Shaughnessy, Senior Vice-President, Small Business Banking, CIBC; Charlie Coffey, Executive Vice-President, Business Banking, Royal Bank; John Leckie, Senior Vice-President, Business Banking Services, Toronto Dominion Bank; Dieter Jentsch, Senior Vice-President, Canadian Commercial Banking, Bank of Nova Scotia; Maurice Hudon, Executive Vice-President, Central, Eastern and Northern Ontario Division, Personal and Commercial Financial Services, Bank of Montreal; Jean-Pierre Guindon, Manager, Corporate Credit Services, National Bank of Canada; Jim Howden, Senior Vice-President, Risk Management and Credit Services, Hongkong Bank of Canada.

Pursuant to Standing Order 108(2), the Committee resumed its study of small business access to capital and bank loans. (See Minutes of Proceedings of Thursday, October 30, 1997, Meeting No. 6)

Kelly Shaughnessy, Maurice Hudon, John Leckie and Dieter Jentsch each made a statement and with the other witnesses, answered questions.

At 11:58 o’clock a.m., the Committee adjourned to the call of the Chair.

 

 

 

Susan Baldwin

Clerk of the Committee